TODAY'S MARKET INTELLIGENCE
Alibaba: Quarterly capital expenditure reaches RMB 67.678 billion, up 75% year-on-year
English summary
Alibaba (09988.HK) reported quarterly results for the quarter ended June 30, 2026. Capital expenditure reached RMB 67.678 billion (US$9.975 billion), up 75% from RMB 38.676 billion in the same period of 2025, driven by continued investment in AI infrastructure to meet strong customer demand.
The English text is machine translated and may require verification against the Chinese version.
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